What Feature(s)do Both Great Bets and Arbitrage Have in Common

question 28

Multiple Choice

What feature(s) do both great bets and arbitrage have in common?

• A)Both are ex-ante concepts.
• B)Both are very rare unless the market is very imperfect.
• C)Neither should ever require an initial cash outflow.
• D)Both A and B are correct answers.

Define and differentiate between data, information, and knowledge.

Comprehend the concept of software as instructions for processing information.

Identify various IT positions and understand their attractiveness based on personal ambition and industry demand.

Understand the structure and purpose of databases.

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Definitions:

Cash Flow Problems

Financial difficulties faced by a business due to inadequate cash to cover its obligations.

Federal Income Taxes

Charges imposed by the United States federal government on the yearly income of people, businesses, trusts, and various legal bodies.

Payroll Expense

The total amount spent by a business to compensate its employees, including wages, salaries, and bonuses.

Gross Pay

The total amount earned by an employee before any deductions, such as taxes and social security, are applied.